Occidental Petroleum (OXY)
47.64 -0.55 (-1.14%)
Occidental Petroleum is an international oil and gas exploration and production company that focuses on the development of hydrocarbon resources. With operations spanning various regions around the globe, Occidental engages in the extraction of oil and natural gas, and is also involved in the chemical manufacturing sector, producing products used in a variety of industries. The company emphasizes sustainable practices and innovation in its operations, aiming to enhance environmental stewardship while delivering energy solutions to meet global demands.
Occidental Announces Third Quarter 2024 Results
HOUSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its third quarter 2024 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company’s website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission’s website at sec.gov.
By Occidental · Via GlobeNewswire · November 12, 2024
Occidental Announces Dividend
HOUSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.22 per share on common stock, payable on January 15, 2025, to stockholders of record as of the close of business on December 10, 2024.
By Occidental · Via GlobeNewswire · November 6, 2024
Inflation Risk Rising, Key Trades Investors Are Making Now
Some investors may think that the Federal Reserve has tamed inflation risks, but recent price action in some assets suggests that reinflation trades are on.
Via MarketBeat · October 28, 2024
Value Stocks Gaining Momentum – Will They Beat Growth Stocks?
There are signs of a potential rotation in the stock market, which would favor value stocks and hurt growth stocks. Individual stocks amplify these rotations
Via MarketBeat · October 23, 2024
MarketBeat Week in Review – 10/14 - 10/18
Stocks struggled for direction, but the trend before tech earnings is still bullish. Nevertheless, investors should expect volatility ahead of the election.
Via MarketBeat · October 19, 2024
Top 3 Stocks to Play Oil’s Potential Comeback Rally
Oil prices could deliver a potential rally in the coming months, sparked by Fed rate cuts and a new cycle, with analysts seeing double-digit upside ahead
Via MarketBeat · October 18, 2024
Should Warren Buffett’s Favorite Stock be Yours Too?
Since becoming CEO of BRK.B in 1965, Warren Buffett has delivered nearly 20% compounded annual returns, consistently outperforming the broader market.
Via MarketBeat · October 17, 2024
Why Buffett Loves Occidental Stock And What It Means for Chevron
Berkshire Hathway continues to buy shares of Occidental Petroleum and sell shares of Chevron, but investors should be careful not to draw the wrong conclusion
Via MarketBeat · October 17, 2024
2 Stocks to Buy and 1 to Sell - Smart Moves for Investors
Three stocks stand out as potential picks for investors this quarter, two longs and one to sell or short. Institutions, insiders, and analysts agree on all
Via MarketBeat · October 15, 2024
Stanley Druckenmiller’s Latest Moves: What They Mean for You
Stanley Druckenmiller has now shifted his views for the market, expecting higher inflation ahead to favor a short bonds trade, and Japan's preference over China
Via MarketBeat · October 15, 2024
BlackRock's Earnings Reveal Market Shift: Why Bonds Are in Favor
A select list of ETFs and stocks give investors the opportunity to replicate what BlackRock, the world's largest asset manager, is now advising its clients
Via MarketBeat · October 14, 2024
2 Top Stocks Seeing Major Institutional Buying Right Now
13-F filings are out to show investors where the smart money is flowing into, two stocks stand out in upside potential for the coming quarters
Via MarketBeat · October 11, 2024
S&P 500 Hits Record Highs: 3 Stocks With Huge Growth Potential
Three stocks offer significant upside in the coming quarters as they have fallen behind the S&P 500 and its new all-time high, creating a gap to close
Via MarketBeat · October 11, 2024
These Stocks Are Using Buybacks to Unlock Big Gains for Investors
Three companies now think their stocks are cheap enough to buy, as judged by the multi-billion dollar buyback programs being approved today
Via MarketBeat · October 8, 2024
Best Stocks for Growth and Income: Top 3 Picks for Your Portfolio
Investors need to keep growth and income top of mind for their portfolios as lower interest rates work their way through the financial markets
Via MarketBeat · October 4, 2024
Opportunity Knocks: Buy the Dip on Permian Resources Stock?
Permian Resources shares have fallen in recent months, but the company displays strong fundamentals including cost management and earnings growth.
Via MarketBeat · October 2, 2024
Occidental to Announce Third Quarter Results Tuesday, November 12, 2024; Hold Conference Call Wednesday, November 13, 2024
HOUSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its third quarter 2024 financial results after close of market on Tuesday, November 12, 2024, and will hold a conference call to discuss the results on Wednesday, November 13, 2024, at 1 p.m. Eastern/12 p.m. Central.
By Occidental · Via GlobeNewswire · October 1, 2024
Time to Buy? These 3 Stocks Are Trading at 52-Week Lows
As the market finds its way after a recent cut in interest rates coming from the Federal Reserve, investors might want to look at these 52-week low stock
Via MarketBeat · October 1, 2024
Global Carbon Dioxide Removal Market Size Expected to Reach $2.54 Billion By 2033 as Climate Change Concerns Grow
EQNX::TICKER_START (OTCQB:BSKCF),(CSE:BSKY),(NYSE:OXY),(NASDAQ:ARQ),(NASDAQ:GEVO),(NYSE:BE) EQNX::TICKER_END
Via FinancialNewsMedia · September 24, 2024
4 Stocks Set to Benefit from Recent Interest Rate Cuts
Four stocks stand out for Wall Street and investors to watch in the coming quarters, especially now that the Fed has cut interest rates by the most in 16 years
Via MarketBeat · September 20, 2024
3 Stocks with Upgraded Ratings: Analysts Predict More Upside
Three stocks stand out for investors to consider as Wall Street analysts have found enough upside in them for the coming quarters
Via MarketBeat · September 19, 2024
Global Carbon Dioxide Removal Market Size Expected to Reach $2.54 Billion By 2033 as Climate Change Concerns Grow
PALM BEACH, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The carbon dioxide removal market has grown rapidly with the developments in the chemical domain. This industry mainly deals with providing solutions for removing C02 from the environment using natural and artificial methods. The C02 removal strategy is mostly integrated into many climate policies, as CO2 is an important element of climate change. CDR includes several methods that are mainly used on land or in aquatic systems. Land-based methods consist of afforestation, reforestation, and other agricultural practices. The water-based methods include ocean alkalinity enhancement, ocean fertilization, wetland restoration, and some blue carbon approaches. There are several products that are used in the CDR process that mainly include Biochar, Direct Air Capture (DAC), Enhanced/Carbon Mineralization, Ocean Alkalinization, BECCS, Microalgae, and some others. The CDR mainly finds applications in the technology and finance sectors. This industry is expected to grow exponentially with the growth in chemical industries. A report from Precedence Research said: “The global carbon dioxide removal market size was USD 638.73 million in 2023, calculated at USD $733.52 million in 2024 and is expected to reach around USD $2,548.29 million by 2033. The market is expanding at a solid CAGR of 14.84% over the forecast period 2024 to 2033. The rising awareness of reducing CO2 emissions across the world is driving the growth of the carbon dioxide removal market.” Active companies in the markets this week include: BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF), Occidental Petroleum Corporation (NYSE: OXY), Arq, Inc. (NASDAQ: ARQ), Gevo, Inc. (NASDAQ: GEVO), Bloom Energy Corporation (NYSE: BE).
By FN Media Group LLC · Via GlobeNewswire · September 24, 2024
Why Rate Cuts Could Trigger a 'Sell the News' Event for Stocks
Price action in bonds and commodities are showing investors just how the coming Fed meeting could trigger a potential 'sell the news' event for the S&P 500
Via MarketBeat · September 17, 2024
Drone Usage for Automated UAS Monitoring Solutions Witnessing Rapid Growth & Increasing Revenue Generating Opportunities
EQNX::TICKER_START (NASDAQ:DPRO),(CSE:DPRO),(NYSE:CVX),(NYSE:XOM),(NYSE:COP),(NYSE:OXY) EQNX::TICKER_END
Via FinancialNewsMedia · September 17, 2024
Drone Usage for Automated UAV Monitoring Solutions Witnessing Rapid Growth & Increasing Revenue Generating Opportunities
PALM BEACH, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The use of Unmanned Aerial Vehicles (UAV’s) is growing rapidly across many civil application domains, including real-time monitoring, providing wireless coverage, remote sensing, search & rescue, delivery of goods, security & surveillance, precision agriculture, and civil infrastructure inspection. The growth of the UAV market is fundamentally influenced by the evolution of technologies that include advancements in lightweight composite materials that enhance flight duration and efficiency, and developments in high-resolution imaging sensors that expand application possibilities. The integration of sophisticated data analytics and machine learning algorithms has significantly improved UAV intelligence, enabling autonomous operations. Additionally, improvements in communication systems, allowing for enhanced command and control capabilities, and the advancement of battery technology for longer operational ranges, are crucial. These factors collectively contribute to the escalating adoption and versatility of UAVs in various sector. A report from MarketsAndMarkets said: “The UAV volume is projected to grow from 5.42 million units in 2024 to 7.51 million units in 2029. The overall UAV (Drone) Market (OEM+ aftermarket) to be USD 30.2 billion in 2024 and is projected to reach USD 48.5 billion by 2029, at a CAGR of 9.9% from 2024 to 2029.” The report said: “Drones are particularly important for inspecting difficult-to-reach locations at certain altitudes or in contaminated surroundings. The use of drones has modernized telecommunication tower scrutiny as they can be used to carry out supervision of these towers cost-effectively and in less time. Drones can also be employed for aerial evaluation of buildings and other infrastructure such as pipelines, electric grids, offshore plants, and solar plates. They can use thermal imaging cameras to detect hotspots on solar plates; spots where energy is not spreading evenly. This can enhance the productivity of solar power plants by the instant identification of potentially problematic areas.” Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Chevron Corporation (NYSE: CVX), Exxon Mobil Corporation’s (NYSE: XOM), ConocoPhillips (NYSE: COP), Occidental Petroleum Corporation (NYSE: OXY).
By FN Media Group LLC · Via GlobeNewswire · September 17, 2024